Celsius
Celsius Network Ltd., commonly referred to as Celsius, is a prominent player in the cryptocurrency and blockchain industry, headquartered in France. Founded in 2017, Celsius has rapidly established itself as a leading platform for crypto lending and borrowing, offering users the ability to earn interest on their digital assets. With a focus on decentralised finance (DeFi), Celsius provides unique services such as crypto-backed loans and high-yield interest accounts, setting it apart from traditional financial institutions. The company has achieved significant milestones, including a robust user base and substantial assets under management, positioning itself as a trusted name in the evolving landscape of digital finance. Celsius continues to innovate, making strides in user-friendly financial solutions for both individual and institutional clients.
DitchCarbon Score
How does Celsius's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Celsius's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Celsius's reported carbon emissions
Celsius, headquartered in France, currently does not report any carbon emissions data, as indicated by the absence of specific figures for the most recent year. Consequently, there are no recorded emissions in terms of Scope 1, 2, or 3. Additionally, the company has not established any documented reduction targets or climate pledges, which limits the available information on their climate commitments. Given the lack of emissions data and reduction initiatives, it is unclear how Celsius aligns with industry standards for carbon management and climate action. Without specific targets or commitments, the company's approach to sustainability remains ambiguous. In the context of the broader industry, many organisations are increasingly adopting Science-Based Targets Initiative (SBTi) standards and committing to net-zero goals. However, without concrete data or commitments from Celsius, it is challenging to assess their position within this evolving landscape.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Celsius is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
